HSN Code 85421010 provides the tax classification for Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards under Chapter 85 – Electrical Machinery And Equi of the GST tariff. Businesses dealing in Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards must use this code for proper invoicing and return filing. Applicable taxes include CGST at N.a., SGST/UTGST at N.a., and IGST at N.a.. The recognized unit of measurement is N.a.
HSN Codes under Chapter 85 – Electrical Machinery And Equi
Below are related HSN codes from Chapter 85 – Electrical Machinery And Equi for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Electrical Machinery And Equi... | 85011011 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011012 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011013 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011019 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011020 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85012000 | Electric Motors And Generators (Excluding Generati... | 0.09 | 0.09 | 0.18 |
| Electrical Machinery And Equi... | 85013111 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013112 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013113 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013119 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 85421010
For Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards classified under HSN Code 85421010, tax computation follows GST principles. CGST at N.a. plus SGST/UTGST at N.a. covers intrastate sales. IGST at N.a. applies to interstate transactions. N.a is the prescribed measurement for Electrical Machinery And Equi under Chapter 85.
Who Should Use HSN Code 85421010?
Manufacturers, wholesalers, retailers, and exporters dealing in Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards are required to mention HSN 85421010 on all tax documents. This classification under Electrical Machinery And Equi applies to businesses of all sizes operating within Chapter 85. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Looking to deal in Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards? GST registration is your first compliance requirement for HSN 85421010 goods. International traders in Electrical Machinery And Equi products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Proper use of HSN Code 85421010 for Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards streamlines audit processes and supports valid credit claims. Stay updated on N.a., N.a., and N.a. rates for Chapter 85 – Electrical Machinery And Equi through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 85421010 falls under Chapter 85 – Electrical Machinery And Equi in the GST tariff schedule. This chapter covers various goods including Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards.
Yes, IGST at N.a. is applicable when Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards is supplied interstate or imported. For local sales within a state, CGST at N.a. and SGST/UTGST at N.a. apply instead.
Yes, e-commerce sellers dealing in Electronic Integrated Circuits And Micro-Assemblies -Cards Incorporating An Electronic Integrated Circuit *Smarv Cards): Sim Cards must use HSN 85421010 on their invoices. This applies to all online platforms operating under Electrical Machinery And Equi classification.
To import goods under Electrical Machinery And Equi, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.